MEW currently at ST as SOW OR SpringI am watching MEW for Long here, just making sure of Wyckoff accumulation setup is being made here and that there is no lower low coming in this area
MEWUSDT trade ideas
The Meme Gold Rush: $MEW is Your Next Play!As things are picking up, we should focus on maximizing returns on the narratives. So far, $POPCAT and NYSE:CAT are looking strong.
I believe some tokens will continue to rise over time, especially with the strength coming off #memes. I expect $MEW to be the next one to watch. Personally, I prefer to stick with the clear frontrunners rather than chase after the next big mover, so I'm planning to invest half of what I put into NYSE:CAT and $POPCAT for this one.
The structure is solid, and when we compare it with other L1s and L2s, the potential for gains outweighs the risks.
Let’s wait for a slight retrace to make our move.
MEW/USDT Just hold...BYBIT:MEWUSDT.P
This idea has a long-term profit target.
All targets are indicated on the graph.
- Risk 1-3% on deposit
- R/R min 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
MEW target 0.009534h time frame
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Entry: $0.004
TP: $0.00953
SL: $0.003375
RR: 8.88
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(1) Creating an ascending channel pattern
(2) Getting support on the channel bottom again, also a great entry
(3) Target is set at the channel top based on time and space analysis
(4) Fib extension 1.13 provides the same target as (3) at $0.00953
(5) Stop loss once going below $0.003375
MEW — Testing Key Resistance Within a WedgeMEW has been trading within a descending wedge pattern, which typically signals a potential reversal once broken.
Currently, MEW is approaching a critical resistance level at $0.0048, which has repeatedly acted as a rejection point.
1️⃣ Key Technical Points
• Wedge Formation: MEW consolidates within a descending wedge, gradually tightening its range.
• $0.0048 Resistance: The $0.0048 level remains a crucial barrier. MEW has tested this level multiple times without breaking through.
• If MEW can decisively clear this resistance, the next move could target the upper trendline of the wedge, around the $0.0055–$0.0060 range.
2️⃣ Potential Breakout
If MEW breaks above the upper trendline, a more significant rally could ensue. The next target is likely to be around $0.007 and potentially higher.
3️⃣ Risk of Rejection
If MEW fails to break the $0.0048 resistance, we could see another pullback toward the wedge's lower range or continued consolidation within this tight structure.
4️⃣ Summarized
MEW is currently trading at a critical juncture. The $0.0048 resistance is the fundamental level to watch in the short term. If it breaks, MEW could rally toward the upper trendline and beyond, potentially targeting $0.007. However, caution is advised if it fails to clear this level, as another rejection could lead to further consolidation or a retest of lower levels within the wedge.
MEW/USDT Opened a long position from this trade as bullish divergence in the 1D tf was noticed. If you zoom out the picture, you can see an ascending line (purple line) that holds as its resistance
Mew chartMew chart. each line is support and resistance now the price is between breakout resistance and support.
Once the price hits the vertical line most of the time that will be the start of the direction the price will take.
Mew chartMew chart.
All lines are support and resistance with the main resistance lines the red thick ones at the bottom - those represent breakout resistance.
The smiley faces price targets.
Arch going up is bullish trendline. Once that is broken price will go to new lows
Mew chartMew chart - main levels, Each line is support/resistance and can bounce the price in any direction, if support fails than price will find itself going vertically to a new low
Bullish trendMEWUSDT have broken the downtrend line on a daily bias a few days ago. Have seen an distribution area during a few days ago and, today, the MACD just gave us the bullish signal crossover. With a huge market sentiment shift, there is definitely worth trade with a big ratio to risk/reward. We will face massive resistance on during the way up. Share your opinions!
Mew chartMew chart.
The red arches are resistance, the green arch is support.
Price targets are given by the green horizontal lines. Those act as support and resistance. Each target can reject / reverse direction
Wait for the magic line to see what happens.
Mew chartMew chart.
This is done using an experimental method. This is not financial advice. Price right now at support level.
Price should pump to the arches in red that act as support and resistance.
In ideal circumstances the price will pump on the green line, if it`s faster and targets get hit, it will most likely dump
Cat meme coin bullish momentum Wabuy at support or buy once horizontal raybreaks
It is solana chain meme coins so we can go with the trend
MEW scalp - August scalping journey trade Nr. 4No loss so far in this month, lets try to continue with this streak. ⚡
Late night session for me today and I am possibly holding this one over the night if it gets filled. I am trying this bid on MEW as I told you just slightly different. I am going to bid the 4H Supply Breaker with a smaller stop loss. I may be updating it later in the night so if you don't like to hold it over the night, don't do it. Risky setup because it's going to run during the night so manage accordingly.
4-Hour Supply Breaker:
The 4-hour supply breaker is identified on the chart. This zone indicates a previous area where selling pressure was significant, but now it could act as a strong support area, hence termed a "breaker."
Break of Structure (BOS):
Multiple Breaks of Structure (BOS) are marked on the chart, showing key levels where the market has shifted from a downtrend to an uptrend, confirming the change in market sentiment.
4-Hour Fair Value Gap (FVG):
The 4-hour Fair Value Gap is another critical zone. This gap often attracts the price to fill it, providing a potential area for entry.
12-Hour Fair Value Gap (FVG):
Additionally, there is a 12-hour FVG, which can serve as a further confirmation of the support level and the potential for price to rebound from this zone.
Holding the position overnight adds to the risk since the market can experience volatility during non-active hours. It is crucial to be comfortable with this aspect of the trade.
MEW/USDT NEW INCREASE VOLUMEMEW/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
MYRO Update (4H)From where we placed the green arrow on the chart, it looks like a new pattern has formed and we are now in wave C of this pattern.
We have a supply range which is a good resistance range. In this range, the price can be rejected downwards.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Looks Like MEW will Dump for Here?I have been watching BINANCE:MEWUSDT.P since the weekend, and it seems it is about to dump and print some stablecoins for us.
There is a formation of exhaustion candles on the 4H time frame
MEW hit a new ATH in the last 72 hours, and we anticipate a strong pullback.
We can take advantage of the pullback by risking 2% of the account balance.
Use stop loss especially if your margin is not big enough.
Trade management is as important as risk management.
What are your thoughts about this analysis? Share them with me in the comment box.
If this analysis makes sense to you, support my idea and follow me now for more.
Mid-term price growthMEW is currently within an identified support range, considered a safe entry point for investors. This support range can prevent further price declines and act as a starting point for an upward movement.
Price Targets:
If the price rebounds from the support range, the price targets are at $0.0065 and $0.007. These resistance levels are considered target points for investors and can indicate significant price growth.
Intraday. MEW. 0.005627. SHORTThe token was heavily pumped and now we are clearly in the dump phase. There is a lot of accumulation at the top, which should lead to further sell-offs. The token does not roll back after a strong movement and goes to retest the key level. Looks confident in shorts.
Still Waiting for Support areas!A fake breakout make most Mew fans seller!
Market maker will buy in deep and users stop losses will active!
Then Pump will start! This is the plan!
MEW — Another Unsuccessful Break Out Attempt!
After its latest pump in mid-July, MEW has entered a bull flag pattern. Moreover, we've seen a couple of breakout attempts—so far, all unsuccessful.
Just yesterday, we had the next attempt, which was also driven by an enormous volume spike. However, the resistance remained strong, and MEW was rejected. Even today, MEW tried to push but didn't reach the trend line.
Once MEW manages to breakout to the top, we could quickly see a rally of 60% (calculated based on the previous pole flag). Accordingly, a level of 0.012 is possible.
However, an entry should be based on a breakout and confirmation on a higher timeframe. A stop loss can be placed slightly below the trend line.
mew longIt has been lowered to test the support range. You can purchase step by step for further purposes BINANCE:MEWUSDT.P KUCOIN:MEWUSDT GATEIO:MEWUSDT
MEW: Buy or Wait?The trading volume is 51.691M MEW, indicating significant market activity.
The SMA is at $0.007526, indicating that the current price is slightly above the moving average, which can be a bullish sign.
The histogram value is 0.000062, MACD line is 0.000107, and the signal line is 0.000046, indicating a bullish trend.
%K at 79.62 and %D at 79.77, indicating the asset is near overbought conditions.
The RSI stands at 64.19, suggesting that MEW is approaching overbought conditions but still has room for growth.
Market Sentiment
The market sentiment for MEW appears cautiously optimistic. While the RSI and Stochastic Oscillator indicate nearing overbought conditions, the MACD suggests bullish momentum.
Potential Market Scenarios
Bullish Scenario:
A decisive break above the local resistance at $0.008816 could lead to further upward movement, targeting higher resistance levels.
Bearish Scenario:
If MEW fails to break above the local resistance, it could retest the support levels at $0.007538 and $0.007051. A break below $0.007051 could signal further declines.
When to Buy MEW for Investment
Current Situation:
Given MEW's current price at $0.007959 and the technical indicators suggesting potential overbought conditions, a cautious approach is warranted.
Optimal Buying Strategy:
Wait for a Pullback: Considering the Stochastic Oscillator and RSI indicating near overbought conditions, waiting for a pullback towards the local support level at $0.007538 could offer a better entry point.
Solid Support Level : If the price drops further, the solid support at $0.007051 is a strong level to consider for investment. Historically, MEW has found significant buying interest at this level, making it a safer entry point.
Gradual Accumulation: Alternatively, adopting a dollar-cost averaging (DCA) strategy by buying small amounts at regular intervals can mitigate the risk of market timing and take advantage of potential dips.
Conclusion and Market Outlook
MEW is currently positioned with significant support and resistance levels to watch. While technical indicators suggest potential overbought conditions in the short term, the bullish MACD and overall market activity suggest room for growth.
Impact of Bitcoin:
It's essential to note that Bitcoin (BTC) is currently at a crucial level. If BTC fails to surpass its all-time high and experiences a significant drop, it could negatively impact the broader cryptocurrency market, including MEW. Monitoring BTC's price action is vital for understanding potential risks to MEW's price movements.
